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Attachments: Linuxtroll Simple Scalping
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Linuxtroll Simple Scalping

  •  Yuppie
  • | Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
Do you see a good setup here ?

Nope, I saw 2 good setups there ...

I want to thank everyone for there help yesterday. I have definately got my head round the Rainbow concept a bit more than I did before because of this...

Will see how the next two days pan out... and next week as well...


Thank you again everyone for all your help


Magnus
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Quoting Yuppie
Nope, I saw 2 good setups there ...

I want to thank everyone for there help yesterday. I have definately got my head round the Rainbow concept a bit more than I did before because of this...

Will see how the next two days pan out... and next week as well...


Thank you again everyone for all your help


Magnus
That is nice...

But why in the world would you change a good working methology??? (Cause as I said your method seems to make lots of $$$ if you would stay to it)
Hello ,

LT said about flames yesterday.He told us to follow the flames for some days.
I see a lot of flames and spikes.

Is this normal after great falls?

Shall we trade the spikes?

I have trade it some in the opposite direction and they are profitable,although risky.

Ideas ?

Basil
Learn something difficult and earn real money for ever, a lot.
  •  Yuppie
  • | Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
That is nice...

But why in the world would you change a good working methology??? (Cause as I said your method seems to make lots of $$$ if you would stay to it)

I mentioned in a post, a few days ago, that exits were not too bad for me - entries were where I stumble (and usually fall)...

For example, I am managing to pick a number of entires that go immediately against me (almost to the pip)... I am still trying to distinguish between a good setup and, well, no setup at all...

Studying Alessandro's posts yesterday I realised I was definately doing something wrong, in terms of entry. And am still trying to figure out what constitutes a good setup/entry...

However, most of the replies I received yesterday were talking about getting 5-10 pips. Which did make sense, as this is scalping - quick in and out. As you could see, my exits were, once a trade was in profit, based on Pivots, Round Numbers, and recent Highs/Lows...

It's getting a trade that goes into profit that I am currently struggling with... obviously more screen time...


Magnus
How can you NOT make money on these setups

@yuppie k i didnt realize you still struggle with the entries.
Attached Image
Quoting Canyouseeme
Uuuuuh and here you can see some range breakout / Support break.
Canyouseeme, first screen shows how the price continued. Where was your entry and exit? You used to post screens with entries and exits. It was very useful.

It could be even worse fakeout, like on the second screen.
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Click to Enlarge Name: fakeout1.png Size: 22 KB
  •  Yuppie
  • | Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
How can you NOT make money on these setups

Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
Attached Image
Nice moves and setups here.

ez 50-100 pips today
Attached Image
Quoting Yuppie
Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
You spotted my exit point (and entry for the long trade)
Quoting atomz
Canyouseeme, first screen shows how the price continued. Where was your entry and exit? You used to post screens with entries and exits. It was very useful.

It could be even worse fakeout, like on the second screen.
There is no real range / support, just a support zone on your screen.

look at yuppies chart for my exit point, I got out as soon as the price went against me. And dont worry I will post the charts with entry and exit points again just wanted to show some nice high prob setups.

Besides I only traded in the first few screenshots. It's just way too hard to click on orders if you have some poker tables running on some other screens
4.30 am Newstime GBP

Do you still trade EUR/JPY or do will you wait?

System says:"stay out."
Italianfx type scalp
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Goodmorning Yuppie,

Take the yatagan setup and make it a big poster.
It will be your money making machine for the rest of your life.
After yatagan it forms to Saudi Arabia and you pump 10-15 barells of oil,eeEEEE PIMPS ,PIPS I wanted to say .LOL

Basil
Learn something difficult and earn real money for ever, a lot.
IMHO, you're being too rigid, it's OK to be aware of certain levels, but the
flame has the last word, if it goes against you or you don't feel well about the
trade... get out! PROTECT PROFITS!!!

And for heaven sake, don't try to predict or force price to go your way (pivot
points). The market has his own mind.

This thread is named "Linuxtroll Simple Scalping" not "Linuxtroll Trend
Following". A 20 or 40 pip move is more than welcomed, but be aware of reversals
before all your profit turns into thin air really fast.

Hope this helps!

Quoting Yuppie
Even I managed to scrape +8 pips out of that one...

It slowed down and turned at around .65...

This was 4 pips from today's pivot [my interperetation of it] of .61...

So, I should have been out... hold on... here, I'll show you...


Magnus
Can someone attach the rainbow indicator in this thread? I couldn't find the indicator in this thread, where did u guys get it? Thanks.
Quoting mazzhats
4.30 am Newstime GBP

Do you still trade EUR/JPY or do will you wait?

System says:"stay out."
News time? nice :-) best time to trade as long as you watch the spread
Have you gone, at least, through the first pages of this thread? Everything you need is on the first pages.

Quoting maxcruiver
Can someone attach the rainbow indicator in this thread? I couldn't find the indicator in this thread, where did u guys get it? Thanks.
Quoting atomz
Italianfx type scalp

got it 2. nice one... and some more. lucky....

[img=http://img340.imageshack.us/img340/8121/unbenanntiy8.th.jpg]
http://img525.imageshack.us/img525/9...anntxq8.th.jpg

Nice setup, but now we all know, this signal was wrong. shit happens. :

during this post - 5 PIPS stop loss.
  •  Yuppie
  • | Joined Jun 2007 | Status: ̿ ̿ ̿̿'̿̿\̵͇̿̿\=(•̪●)=/̵͇̿̿/'̿̿ ̿ | 2,727 Posts
Quoting Canyouseeme
How can you NOT make money on these setups

@yuppie k i didnt realize you still struggle with the entries.

That's ok CYSM. I'm getting some excellent help from all on this thread...


Magnus
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